http://dissidentvoice.org/2009/11/abuse-of-the-social-security-trust-fund-began-in-the-1980s/
And if we would have put it under a rock in the back yard, it would still be there wouldn't it? Better than letting the gov "borrow it" with a worthless IOU...they Stole It!!!
Yes, the government borrowed the surplus. That's exactly what it means when you buy a Treasury bond. The government is borrowing that money from you, which it pays back with interest. It is an investment. The SS surplus has to be invested. You don't bury billions of dollars under a rock. So where is it going to be invested? In government bonds of course!
All this nonsense about stealing it and replacing it with worthless IOUs is just silly.
If the government ever gets to a point where it can't repay its bonds we'll have bigger problems that SS benefits not getting paid. It won't happen. We'll inflate our way out of it first.